11.11 Sale Special Limited Time 70% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: scxmas70

  1. Home
  2. ACAMS
  3. AML Certifications
  4. CAMS - Certified Anti-Money Laundering Specialist (CAMS7 the 7th edition)

CAMS Exam Dumps - Certified Anti-Money Laundering Specialist (CAMS7 the 7th edition)

Searching for workable clues to ace the ACAMS CAMS Exam? You’re on the right place! ExamCert has realistic, trusted and authentic exam prep tools to help you achieve your desired credential. ExamCert’s CAMS PDF Study Guide, Testing Engine and Exam Dumps follow a reliable exam preparation strategy, providing you the most relevant and updated study material that is crafted in an easy to learn format of questions and answers. ExamCert’s study tools aim at simplifying all complex and confusing concepts of the exam and introduce you to the real exam scenario and practice it with the help of its testing engine and real exam dumps

Go to page:
Question # 89

Business entities established in offshore financial centers (OFCs) pose unique risks for money laundering because they often:

A.

have informal business arrangements between persons or entities.

B.

are located in geographies that are not accountable to US laws.

C.

include trusts, investment funds, and insurance companies.

D.

have limited organizational disclosure and recordkeeping requirements for establishing these business entities.

Full Access
Question # 90

Which of the following is a key consideration for a global organization when managing AFC and sanctions compliance across multiple jurisdictions?

A.

Ensuring sanctions compliance by relying solely on international bodies like the UN because there is no requirement to adhere to local laws

B.

Ensuring group policies and procedures prioritize adherence to US regulations because they are the most influential worldwide

C.

Applying global AFC and sanctions policies to ensure consistency without the need to adapt to local regulations

D.

Ensuring group policies cater to compliance with each country's specific AML and sanctions regulations

Full Access
Question # 91

The chief compliance officer (CCO) at a bank approved offering trade finance services to a company which is established within a country with a weak democratic system routinely reviews news on upcoming targeted economic sanction regulations in the EU, a major import partner for the country's production of crude oil.

Which of the following pieces of news would be of greatest concern?

A.

The European Commission and the High Representative issue a joint proposal for an import ban on refined oil products.

B.

The European Commission and the High Representative issue a joint proposal for an import ban on oil extraction equipment

C.

The Council of the European Union adopts a new export control regime for electronic equipment

D.

The Council of the European Union adopts a new import restriction regime for goods coming from countries that do not respect human rights

Full Access
Question # 92

News published in Country A reports that a politically exposed person (PEP) had received a bribe from a transnational company headquartered in a developing country of approximately USS1.5 million deposited into on account at a financial institution (Fl> located in Country B Both countries are members of the Egmont Group The account where the money was deposited belongs to the PEP's immediate family member. To corroborate the facts, the PIU of Country A sent a formal request via secure communication channels for further information from its counterpart FIU in Country B.

According to Egmont principles, the FIU of Country B can:

A.

provide the information available to them because the exchange is between two FlUs that are members of the Egmont Group, and the formal request was made using secure communication channels.

B.

provide the requested information only if a memorandum of understanding (MoU) is signed between Country A and Country

C.

direct the FIU of Country A to the Fl where the account was opened for further information.

D.

deny the request if the FIU of Country B has not received a suspicious activity report (SAR) from the Fl where the account was opened.

Full Access
Question # 93

Which red flag is most relevant to money laundering through capital markets?

A.

A low-priced security sees a sudden spike in investor demand with a rising price

B.

A trading customer maintains a portfolio of securities concentrated in one specific emerging market

C.

A firm sees an unexpected increase in demand for electronically traded funds

D.

A security sees a transactional pattern of a steady decrease in both trading volume and prices

Full Access
Go to page:

Hot Exams

PCNSE Dumps
AZ-900 Dumps
200-301 Dumps
350-401 Dumps
350-701 Dumps
AZ-104 Dumps
CS0-003 Dumps
N10-009 Dumps
SY0-701 Dumps
CAS-005 Dumps
PT0-003 Dumps
ZDTA Dumps